With the entry to WTO and development of IT, banks in China are adjusting their competitive strategies to meet the competition. Internet banking has become a kind of strategic choice to response to the entry to WTO. B...With the entry to WTO and development of IT, banks in China are adjusting their competitive strategies to meet the competition. Internet banking has become a kind of strategic choice to response to the entry to WTO. Based on relevantly selective reviews of literature of strategy theory and research, a model is developed to study banks' strategic response to entry to WTO. According to a survey of 192 sets of questionnaires, this study finds that external pressure, business strategy and perceived benefits of Internet banking would influence banks' perceived increase in Internet banking investment. And banks' perceived increase in Internet banking investment has no difference between big banks and small banks.展开更多
The alignment between information systems （IS） and business strategy along with its implications for perceived IS effectiveness and business performance is an important question, which is rarely studied in China. Ba...The alignment between information systems （IS） and business strategy along with its implications for perceived IS effectiveness and business performance is an important question, which is rarely studied in China. Based on an empirical study, this paper summarized the significance of IS strategic alignment and its impact on business performance. This study also measured business strategy, information system strategy, and information system strategic alignment, built a conceptual model to describe the relationship between these factors, and investigated their implications for information system performance and business performance. A structural equation model was employed to test the conceptual model. Analyses of data gathered in a survey indicate that information system strategic alignment is a better predictor of business performance than business strategy or information system strategy alone, although business strategy can significantly influence business performance.展开更多
In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that...In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that marked significant gains for both CNPC’s operational and non-operational business,and the company also did excellent work in terms of international trading。展开更多
After socio-political breakthrough in 1989 foreign companies entered Polish media market. Firstly, investors appeared in the press sector, later on in the electronic media. One of the first groups presented in Poland ...After socio-political breakthrough in 1989 foreign companies entered Polish media market. Firstly, investors appeared in the press sector, later on in the electronic media. One of the first groups presented in Poland was Orkla Media. The Norwegians launched a brand new regional daily. After subsequent failure they changed the pattern of business activity. When in 2006 Mecom bought out Orkla＇s shares, a new era began. The British fund was mainly interested in making their assets more profitable. The biggest shareholder of the regional press sector, however, is still Verlagsgruppe Passau （VGP）. The German group appeared in 1993, in disguise of a Swiss company and next year took over eight regional dailies. In due course, VGP bought out a couple of more regional titles and became the leader of this sector of the market. Although the Germans were competing against the Norwegians and the Brits, they showed a different style of managing their assets. The author attempts to describe different patterns of business strategy in the press sector in Poland, examining each investor＇s behavior and the results of their efforts. This can lead to conclusions about the past activities as well as to predictions about the future of the market.展开更多
Over the past a few years, the China National Cereals, Oils & Foodstuffs I/E Corp. (Ceroil) has continuously been in the top ranking among China’s 500 largest import and export enterprises. Business for Ceroil wa...Over the past a few years, the China National Cereals, Oils & Foodstuffs I/E Corp. (Ceroil) has continuously been in the top ranking among China’s 500 largest import and export enterprises. Business for Ceroil was difficult because the price of cereals was decentralized and the operation system was constantly changing. In spite of that, Ceroil actively promoted industrializing, internationalizing展开更多
Assessing corporate financial risk exposure to floods facilitates strategic decision making to make prudent investments for risk mitigation.Financial models for flood risk assessment are informed by hydrological and f...Assessing corporate financial risk exposure to floods facilitates strategic decision making to make prudent investments for risk mitigation.Financial models for flood risk assessment are informed by hydrological and financial data as well as geospatial information to capture corporate exposure through the lens of individual facilities'risk.This article proposes an approach that integrates datasets derived from hydrological models with those from corporate financial records.Flood damage algorithms are then used to quantify both direct impacts on capital assets and indirect effects on business interruption loss(BIL).Capital stock losses are derived from the valuation of capital investments in fixed assets.The model was tested on publicly disclosed corporate records from four Japanese companies,to quantify under-and over-estimation of the approach,and to understand sources of uncertainty.The comparison demonstrates reasonable results with the modeled estimates,while also highlights the importance of carefully interpreting and selecting regional property damage curves and business interruption duration data.By using sales and investment in fixed assets as a baseline for business interruption and property damage,flood impacts vary based on corporate business activities,such as manufacturing or food and beverage.Two corporations show a variation in property damage criteria exhibiting greater values than those of interruption,implying that the former dominates financial risks.Mean changes in BIL parameters for another company show greater values,indicating its dominant role in financial flood risk.The results from expected annual damage assessment at the facility and corporate scale facilitate strategic investment decisions for flood risk mitigation.展开更多
Learning and talent development(LTD)aims to enhance an organisation’s performance,the need for LTD to link to the organisation’s overall business strategy,which also be described as linkage/alignment,is more imperat...Learning and talent development(LTD)aims to enhance an organisation’s performance,the need for LTD to link to the organisation’s overall business strategy,which also be described as linkage/alignment,is more imperative than ever in this rapid changing environment.This paper aims to explore how Network Rail utilise LTD strategies to support its overall business strategies.展开更多
This paper focuses on the sustainable use of solid and gaseous biomass for electricity, heating and cooling. It provides updated findings of policy analyses and corporate strategy analyses performed in the frame of BI...This paper focuses on the sustainable use of solid and gaseous biomass for electricity, heating and cooling. It provides updated findings of policy analyses and corporate strategy analyses performed in the frame of BIOENERGY PROMOTION, one of the flagship projects under the EU Strategy for the Baltic Sea Region. In particular, the paper highlights policies and measures which have been adopted by the EU and EU Member States to address environmental and social sustainability risks of bioenergy. Taking into account the conclusions of BIOENERGY PROMOTION, the paper identifies promising policy developments, but also shortcomings. On the Member State level, the paper refers to the examples of Germany and Poland. It illustrates how problematic policy priorities and policy malfunctioning in two sub-sectors (biogas from energy crops in Germany, biomass co-firing in Poland) led to undesirable environmental and social developments and how policies have been re-adjusted to mitigate sustainability risks. The paper also portrays a number of voluntary corporate sustainability initiatives which emerged due to the lack of a binding European sustainability framework for solid and gaseous biomass. The authors conclude that without a binding sustainability framework at EU level there is a risk of having a patchwork of potentially diverging sustainability regimes and initiatives across Europe causing market intransparency and insecurity for investors.展开更多
E-commerce is evolving as an innovative tool in a wide range of areas,and has changed the face of entrepreneurship by making them more efficient and dynamic.In this paper,the author firstly reviewed the current develo...E-commerce is evolving as an innovative tool in a wide range of areas,and has changed the face of entrepreneurship by making them more efficient and dynamic.In this paper,the author firstly reviewed the current development of e-commerce and entrepreneurship,as well as existing opportunities and challenges in this field.This paper also combines both qualitative method(literature review)and quantitative method(questionnaire-based research)to explore the impact of e-commerce on the landscape of entrepreneurship.The findings of this study suggest that the development of e-commerce has triggered fundamental changes in entrepreneurial activities.It significantly promotes the entry of new start-ups and facilitates the growth of their businesses.Meanwhile,small-and medium-sized firms also encounter greater challenges when they try to adopt and implement e-commerce.展开更多
In 2018,an intergovernmental climate-change panel concluded that,to maintain a global temperature increases of<1.5℃,net-zero greenhouse-gas emissions would be required by 2050.Since then,>110 countries have ple...In 2018,an intergovernmental climate-change panel concluded that,to maintain a global temperature increases of<1.5℃,net-zero greenhouse-gas emissions would be required by 2050.Since then,>110 countries have pledged net-zero carbon ambitions by 2050 and hydrogen has been identified at national levels as key to achieving this.Governments have pledged>US$70 billion to further advance hydrogen infrastructure and technology,with an additional investigation on>200 proposed hydrogen-based projects expecting completion before 2030,totalling a value of US$300 billion.Reaching these aggressive targets will require a disciplined cohesion of collaborative strategies to develop an integrated macro infrastructure system.This article discusses the current infancy of the hydrogen market,introduces and defines a new‘collaborative emergent strategy’based on the emergent strategy concept by Mintzberg and Waters,and links its developmental viability through a staged micro-meso-macro architecture.Successful strategic business case studies and current market opportunities across multiple industries are reviewed as they all vie for a strategic early market position.展开更多
The Comprehensive Assessment of Systems for Built Environment Efficiency(CASBEE)for Home is the first national voluntary Green Building Program for residential structures in Japan.The effect of builder demographic fac...The Comprehensive Assessment of Systems for Built Environment Efficiency(CASBEE)for Home is the first national voluntary Green Building Program for residential structures in Japan.The effect of builder demographic factors on the adoption of the CASBEE for Home program were investigated since the success of CASBEE for Home will be heavily reliant on the usage of the program.In this study,the adoption of the CASBEE for Home program by home builders is modeled as a two-stage process with builder awareness preceding the actual use of CASBEE for Home.The results show that both firm size and the type of homes built influence Japanese builder’s awareness of the CASBEE for Home program.In addition,respondents who had participated in the 200-Year House Program,another voluntary program,were significantly more likely to use CASBEE for Home.Finally,the number of years a builder has been in business both increased their awareness and usage of the CASBEE for Home program.Our results suggest that the likelihood of adopting the CASBEE for Home program was influenced by the internal resources available,the type of customers being served,and the business experience of the firm.展开更多
基金This work was supported by National Natural Science Fund of China (70102007/G0202)
文摘With the entry to WTO and development of IT, banks in China are adjusting their competitive strategies to meet the competition. Internet banking has become a kind of strategic choice to response to the entry to WTO. Based on relevantly selective reviews of literature of strategy theory and research, a model is developed to study banks' strategic response to entry to WTO. According to a survey of 192 sets of questionnaires, this study finds that external pressure, business strategy and perceived benefits of Internet banking would influence banks' perceived increase in Internet banking investment. And banks' perceived increase in Internet banking investment has no difference between big banks and small banks.
基金Supported by the National Natural Science Foundation of China (No. 70671001)
文摘The alignment between information systems （IS） and business strategy along with its implications for perceived IS effectiveness and business performance is an important question, which is rarely studied in China. Based on an empirical study, this paper summarized the significance of IS strategic alignment and its impact on business performance. This study also measured business strategy, information system strategy, and information system strategic alignment, built a conceptual model to describe the relationship between these factors, and investigated their implications for information system performance and business performance. A structural equation model was employed to test the conceptual model. Analyses of data gathered in a survey indicate that information system strategic alignment is a better predictor of business performance than business strategy or information system strategy alone, although business strategy can significantly influence business performance.
文摘In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that marked significant gains for both CNPC’s operational and non-operational business,and the company also did excellent work in terms of international trading。
文摘After socio-political breakthrough in 1989 foreign companies entered Polish media market. Firstly, investors appeared in the press sector, later on in the electronic media. One of the first groups presented in Poland was Orkla Media. The Norwegians launched a brand new regional daily. After subsequent failure they changed the pattern of business activity. When in 2006 Mecom bought out Orkla＇s shares, a new era began. The British fund was mainly interested in making their assets more profitable. The biggest shareholder of the regional press sector, however, is still Verlagsgruppe Passau （VGP）. The German group appeared in 1993, in disguise of a Swiss company and next year took over eight regional dailies. In due course, VGP bought out a couple of more regional titles and became the leader of this sector of the market. Although the Germans were competing against the Norwegians and the Brits, they showed a different style of managing their assets. The author attempts to describe different patterns of business strategy in the press sector in Poland, examining each investor＇s behavior and the results of their efforts. This can lead to conclusions about the past activities as well as to predictions about the future of the market.
文摘Over the past a few years, the China National Cereals, Oils & Foodstuffs I/E Corp. (Ceroil) has continuously been in the top ranking among China’s 500 largest import and export enterprises. Business for Ceroil was difficult because the price of cereals was decentralized and the operation system was constantly changing. In spite of that, Ceroil actively promoted industrializing, internationalizing
基金funding from the Japanese government for Masahiro Abe and the University of Michigan Center for Digital Asset Finance for access to financial databases and computational infrastructure。
文摘Assessing corporate financial risk exposure to floods facilitates strategic decision making to make prudent investments for risk mitigation.Financial models for flood risk assessment are informed by hydrological and financial data as well as geospatial information to capture corporate exposure through the lens of individual facilities'risk.This article proposes an approach that integrates datasets derived from hydrological models with those from corporate financial records.Flood damage algorithms are then used to quantify both direct impacts on capital assets and indirect effects on business interruption loss(BIL).Capital stock losses are derived from the valuation of capital investments in fixed assets.The model was tested on publicly disclosed corporate records from four Japanese companies,to quantify under-and over-estimation of the approach,and to understand sources of uncertainty.The comparison demonstrates reasonable results with the modeled estimates,while also highlights the importance of carefully interpreting and selecting regional property damage curves and business interruption duration data.By using sales and investment in fixed assets as a baseline for business interruption and property damage,flood impacts vary based on corporate business activities,such as manufacturing or food and beverage.Two corporations show a variation in property damage criteria exhibiting greater values than those of interruption,implying that the former dominates financial risks.Mean changes in BIL parameters for another company show greater values,indicating its dominant role in financial flood risk.The results from expected annual damage assessment at the facility and corporate scale facilitate strategic investment decisions for flood risk mitigation.
文摘Learning and talent development(LTD)aims to enhance an organisation’s performance,the need for LTD to link to the organisation’s overall business strategy,which also be described as linkage/alignment,is more imperative than ever in this rapid changing environment.This paper aims to explore how Network Rail utilise LTD strategies to support its overall business strategies.
基金Research leading to this paper was conducted in the frame of the projects BIOENERGY PROMOTION and BIOENERGY PROMOTION 2.Both operations received funding from the European Commission under the Baltic Sea Region Programmethe German Federal Ministry of Food,Agriculture,and Consumer Protection through its funding programme Renewable Resources.
文摘This paper focuses on the sustainable use of solid and gaseous biomass for electricity, heating and cooling. It provides updated findings of policy analyses and corporate strategy analyses performed in the frame of BIOENERGY PROMOTION, one of the flagship projects under the EU Strategy for the Baltic Sea Region. In particular, the paper highlights policies and measures which have been adopted by the EU and EU Member States to address environmental and social sustainability risks of bioenergy. Taking into account the conclusions of BIOENERGY PROMOTION, the paper identifies promising policy developments, but also shortcomings. On the Member State level, the paper refers to the examples of Germany and Poland. It illustrates how problematic policy priorities and policy malfunctioning in two sub-sectors (biogas from energy crops in Germany, biomass co-firing in Poland) led to undesirable environmental and social developments and how policies have been re-adjusted to mitigate sustainability risks. The paper also portrays a number of voluntary corporate sustainability initiatives which emerged due to the lack of a binding European sustainability framework for solid and gaseous biomass. The authors conclude that without a binding sustainability framework at EU level there is a risk of having a patchwork of potentially diverging sustainability regimes and initiatives across Europe causing market intransparency and insecurity for investors.
文摘E-commerce is evolving as an innovative tool in a wide range of areas,and has changed the face of entrepreneurship by making them more efficient and dynamic.In this paper,the author firstly reviewed the current development of e-commerce and entrepreneurship,as well as existing opportunities and challenges in this field.This paper also combines both qualitative method(literature review)and quantitative method(questionnaire-based research)to explore the impact of e-commerce on the landscape of entrepreneurship.The findings of this study suggest that the development of e-commerce has triggered fundamental changes in entrepreneurial activities.It significantly promotes the entry of new start-ups and facilitates the growth of their businesses.Meanwhile,small-and medium-sized firms also encounter greater challenges when they try to adopt and implement e-commerce.
文摘In 2018,an intergovernmental climate-change panel concluded that,to maintain a global temperature increases of<1.5℃,net-zero greenhouse-gas emissions would be required by 2050.Since then,>110 countries have pledged net-zero carbon ambitions by 2050 and hydrogen has been identified at national levels as key to achieving this.Governments have pledged>US$70 billion to further advance hydrogen infrastructure and technology,with an additional investigation on>200 proposed hydrogen-based projects expecting completion before 2030,totalling a value of US$300 billion.Reaching these aggressive targets will require a disciplined cohesion of collaborative strategies to develop an integrated macro infrastructure system.This article discusses the current infancy of the hydrogen market,introduces and defines a new‘collaborative emergent strategy’based on the emergent strategy concept by Mintzberg and Waters,and links its developmental viability through a staged micro-meso-macro architecture.Successful strategic business case studies and current market opportunities across multiple industries are reviewed as they all vie for a strategic early market position.
基金supported by the USDA Cooperative State Research Education and Extension Service,the Evergreen Building Products Association,the Foreign Agricultural Service,the Softwood Export Council and the State of Washington Department of Commerce.
文摘The Comprehensive Assessment of Systems for Built Environment Efficiency(CASBEE)for Home is the first national voluntary Green Building Program for residential structures in Japan.The effect of builder demographic factors on the adoption of the CASBEE for Home program were investigated since the success of CASBEE for Home will be heavily reliant on the usage of the program.In this study,the adoption of the CASBEE for Home program by home builders is modeled as a two-stage process with builder awareness preceding the actual use of CASBEE for Home.The results show that both firm size and the type of homes built influence Japanese builder’s awareness of the CASBEE for Home program.In addition,respondents who had participated in the 200-Year House Program,another voluntary program,were significantly more likely to use CASBEE for Home.Finally,the number of years a builder has been in business both increased their awareness and usage of the CASBEE for Home program.Our results suggest that the likelihood of adopting the CASBEE for Home program was influenced by the internal resources available,the type of customers being served,and the business experience of the firm.
